Gold touched $1000 today

Gold touched $1000/oz again today. Will it go through the roof and hit $2000 or goes down to $500?
Inflation or deflation?

Gold touched $1000/oz again today. Will it go through the roof and hit $2000 or goes down to $500?
Inflation or deflation?

I took this snapshot of Dow Jones Industrial Average on March 27, 2008 at finance.yahoo.com
Dow Jones is at 7777.77 and it’s kinda cool.
Today is September 03, 2009 and Dow is getting back up but for how long?